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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Woulfe Mining Corp WFEMF

Metals & Mining Industrial Metals & Minerals
Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.


GREY:WFEMF - Post by User

Woulfe Mining Corp > Question
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Comment by fattailon Apr 19, 2012 10:30pm
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Post# 19815161

RE: RE: Question

RE: RE: Question

So they would have to be valuing Muguk at $60M to make this work. Total company value = $165M less Muguk @ $60M makes Sangdong $105M for the 75% interest and they put up $35M for their 25%.

Sangdong @ $105M & Muguk @ $60M doesn't make any sense to me.

Is that their math though? Or am I still getting this wrong? Probably!

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